11-34B. (Learning Objective 4: Identify items for the statement of cash flows-direct method) Selected accounts of Roosevelt Framing Company show the following: Payments Salaries Payable Beginning bal 15,000 Salary expense Ending bal 11,000 32,000 28,000 Buildings 75,000 Depreciation 116,000 Book value of building sold 86,000 Beginning bal Acquisitions with cash Ending bal Sale price was $120,000. 17,000 88,000 Notes Payable Beginning bal 54,000 Issuance of note payable for cash Ending bal Payments 183,000 68,000 197,000 Requirement 1. For each account, identify the item or items that should appear on a statement of cash Tlows prepared using the direct method. State where to report the item